Invesco Mortgage Capital (NYSE:IVR) is preparing to release its quarterly earnings on Tuesday, 2024-11-05. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Invesco Mortgage Capital to report an earnings per share (EPS) of $0.78.
The announcement from Invesco Mortgage Capital is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Performance in Previous Earnings
Last quarter the company missed EPS by $0.13, which was followed by a 0.91% increase in the share price the next day.
Here's a look at Invesco Mortgage Capital's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.99 | 1.14 | 1.18 | 1.23 |
| EPS Actual | 0.86 | 0.86 | 0.95 | 1.51 |
| Price Change % | 1.0% | 1.0% | 0.0% | -3.0% |
Performance of Invesco Mortgage Capital Shares
Shares of Invesco Mortgage Capital were trading at $8.06 as of November 01. Over the last 52-week period, shares are up 5.5%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Invesco Mortgage Capital visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
